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How Does COBRA Coverage Help Employees After They Lose Their Job?
August 17, 2008
COBRA is a federal law intended to help employees who lose their health benefits after being terminated from their job. COBRA generally requires that group health plans sponsored by employers with 20 or more employees must make available continuation health coverage to ex-employees under certain circumstances. The continuation coverage is payable by the ex-employee. Coverage can continue for 18-36 months, depending on the factual circumstances. Get answers to the most frequently asked questions about COBRA coverage on the Department of Labor Web site.
Posted by Shanu Singh Guliani on August 17, 2008 | Comments (0)
